An executive director of Convoy Global has resigned from the embattled company, citing a disagreement with the board of directors and legal action being taken against him and several other directors and employees.
Philippines-based Robinsons Bank will be able to offer Pru Life UK’s suite of life insurance products after the companies signed a strategic bancassurance partnership on Tuesday.
St James’s Place has made two senior hires from The Fry Group in Singapore, Jupiter Asset Management has parted ways with its head of UK retail and Credit Suisse has boosted its Asia investment team.
The city-state’s newest insurance company Singapore Life is to acquire the business portfolio of Zurich Life Insurance (Singapore).
Fidelity International’s investment management wholly foreign-owned enterprise (IM WFOE) has launched two funds while Blackrock and Schroders obtain private fund management (PFM) licences for their WFOEs.
High-end and high-earning international talent will be able to secure a 10-year visa within days after China’s State Administration of Foreign Experts Affairs expanded the scope of its visa system to lure overseas workers.
Morgan Stanley Investment Management (MSIM) is to offer access to its well-established China A-shares fund through a Luxembourg-domiciled Sicav.
China equity funds lead, while natural resources and hedge funds underperform in our sister website Fund Selector Asia’s year-end ranking of the best and worst performing funds available to Hong Kong and Singapore investors.
Funds exposed to Asia and smaller companies produced the best returns for investors in 2017, according to Shore Financial.
Inflation rates rising, the Chinese economy slowing and the US pushing back against free trade agreements are all real possibilities investors must “carefully monitor” in 2018, according to deVere Group chief executive Nigel Green.
Axa has entered into an agreement with Jeneration Holdings to sell its Swiss Privilege franchise in Hong Kong, Axa Wealth Management (HK).
The second largest shareholder in embattled Hong Kong financial advisory firm Convoy has lashed out at the company’s chairman, calling him “rude”, for taking away his voting rights in a meeting where he had attempted to remove several members of the management team.
